ArkotNews

There’s value in crypto, especially layer 1 protocols, even if regulators and politicians don’t dig enough to see it.

The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.

It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.

It's a battle of bulls versus bears as the market gets a grip on reality, says Brent Xu, CEO of DeFi lender Umee. ALSO: CoinDesk columnist Daniel Kuhn writes that Elon Musk had the crypto world's attention again this week, but whether he helps DOGE is questionable at best.

ALSO: Ether falls but still outperforms bitcoin for another day as investors look with hope at the Shanghai upgrade.

Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000.

Existing Canadian users will be able to trade on the exchange until April 14.

Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.

Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, and it had more than 200 employees. Behind the scenes, though, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim, and the smell of cannabis permeated the office.

ANZ partnered with Grollo Carbon Ventures to trade Australian Carbon Credit Units (ACCU).